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Precinct Regeneration

Precinct regeneration of greyfield sites is a precinct-wide approach to positively transform cities and suburbs into healthy and liveable neighbourhoods

What are regeneration precincts?

A precinct refers to between 2 and 20 land parcels. Regeneration means making it better than it was before; where the development can benefit the surrounding community. Precinct regeneration is a way for landowners to work together to achieve more on their land than they could do separately. It is also a vehicle for more sustainable and livable outcomes that benefit the residents and the surrounding community. This website provides the tools for landowners, developers and municipalities to implement it.

Features/Benefits

Financial Benefit

Evidence has shown that landowners who sell or develop their land together make substantially more than selling the land individually. This can range from 15% increase to 100% increase per land parcel or unit in the right area.

Community benefit and liveabillity

The scale of precinct development means that there is opportunity for community co-benefit. Maroondah City Council (Vic) have implemented the scheme to add additional trees, open space, walkability and flood mitigation to their precincts.

Housing diversity and sustainability

The larger volume of land means that different forms of housing can be developed that suit the changing needs of younger and older demographics. An example of the range of outcomes can be seen in the design guide in the resources section of the website.

Future options

While most individuals will sell outright, there is always the posibility of entering into joint ventures with developers, obtaining a new dwelling and part profits from the development, or allowing retirees to negotiate loans for developemnt with non-retiree neighbours or developers.

Stakeholder Information

Landowners

By working together, neighbours can redevelop their land more effectively; utilising the space for more housing and greater livability
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Municipalities

Implementing precinct plans means that municipalities can obtain benefit from medium scale developments, such as greater porosity, openspace and water retention
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Developers

With more land available, developers can utilise the larger lot to optimise sites and develop better products
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Related Initiatives

More information

If you want more information on the process you can either go to Playbook section (landowner, municipality, developer) and view/download the Playbook or get in touch with project leaders directly below.
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